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Tilburg Law and Economics Center

TILEC supports and stimulates academic research on the governance of economic activity. It fosters academically path breaking and practically relevant research and aims to be a leading center worldwide.

TILEC Seminar: Liad Wagman (Illinois Institute of Technology)

The Short-Run Effects of GDPR on Technology Venture Investment
10:45-11:45, M 1003

Liad Wagman is Associate Professor of Economics at the IIT Stuart School of Business in Chicago.

Dr. Wagman works on topics in the areas of Information Economics, Industrial Organization, and Entrepreneurial Finance, studying issues of information utilization and trade, innovation, e-commerce, and privacy. Wagman is a recipient of the Sigma Xi University Research Award, the Bauer Family Excellence in Teaching Award, the Yahoo! Labs Research and Engagement Award, and has been selected into Poets & Quants 2015 Top 40 Business School Faculty Under 40. He was a Visiting Assistant Professor of Managerial Economics and Decision Sciences at Northwestern University’s Kellogg School of Management, a research fellow at the Duke University Computer Science Department, a research fellow at the Duke University Social Sciences Research Institute, a recipient of the Program for Advanced Study in the Social Sciences Fellowship, a recipient of the Educational and Research Initiative Award, and a recipient of the International Conference on Artificial Intelligence (AAAI) Outstanding Paper Award. 

Research Interests: Industrial Organization, Applied Microeconomic Theory, Electronic Commerce, Game Theory and Mechanism Design


The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative effects manifest in the overall dollar amounts raised across funding deals, the number of deals, and the dollar amount raised per individual deal.

Click here for the Paper


When: 14 November 2018 10:45

End date: 14 November 2018 11:45